Is a Short-Term Loan Right for You?

You’re in a situation where you need to borrow money, but you’re not sure what step to take next. There are many options out there, and the right solution for you depends on your requirements and circumstances. In this article, we explain why a short term loan could meet your needs.

No Credit Checks

A short-term loan from Chequers Finance doesn’t involve any credit checks. A mistake you made in the past could prevent you from being able to borrow on a credit card or from being approved for a traditional bank loan, but the short-term loans we offer are granted on your ability to pay back in the future, not on your record of past payments.

Paying back a loan on time will also definitely improve your chances of getting another loan from us in future, should you require it.

No Collateral

Our short-term loans are unsecured which means you don’t have to provide any collateral in order to be approved. We grant a loan based on your income, so there is no risk to your property or valuables if your circumstances change and you’re unable to make a payment.

Fast Approval

If you’re thinking about borrowing money, the likelihood is that you need it soon. A standard loan can take days or weeks to process but a short term, unsecured loan can be approved in just a few hours. Once your loan is granted, the cash can be in your hands within a few minutes saving you the stress of waiting for approval and transfer to take place.

A Cheaper Option

Using a short-term loan often works out cheaper than relying on credit cards, or facing late payment fees on bills. Whilst longer term loans may appear to offer a lower rate of interest, this adds up to a significant amount over time with no fixed end date. With a short term loan you avoid any nasty surprises by knowing exactly how much you should pay back, and will be free of the debt after a very short period.

Stress Free

A short-term loan can be an effective way of reducing financial stress. Because your payments are fixed amounts at scheduled times, you don’t have to worry about your interest accruing over time and deepening your debt whilst you try to pay it back.

If you’re interested in taking out a short-term loan then call Chequers Finance now on 09 299 7883 or visit our website for more ways to get in contact.

You’re in a situation where you need to borrow money, but you’re not sure what step to take next. There are many options out there, and the right solution for you depends on your requirements and circumstances. In this article, we explain why a short term loan could meet your needs.